Towards high income nation

Malaysia is one country that practices open economy (open economy), namely economy that interacts freely with other economies or other languages ​​to run import export openly with foreign countries. Openness to enable economic development of a strong economy and increasing per capita income. In addition, Malaysia is also an upper middle-income countries, where revenues are too low and still go to high-income countries. Malaysia is among the 13 countries identified by the Commission's Growth and Development has recorded an average growth of more than 7 percent a year for 25 years or more in 2008. Growth Report Economic growth is inclusive, because Malaysia is also able to eradicate poverty, which is the body home living below the national poverty line (USD 8.50 per day in 2012) fell more than 50 percent in 1960 to less than 1.0 percent today.

Many attempts have been made by the government to achieve economic position today and are still working to improve the country's economy and achieve high-income nation in line with Vision 2020. Among the measures that have been implemented are the New Economic Policy (NEP) has designed a new Economic .Basal for a period of 20 years from 1971 to 1990 aims to eradicate poverty issues of the Malays and Bumiputeras in all areas indirectly foster unity and integration in Malaysia.Selain, the Malaysian government has also implemented a privatization policy and the Malaysia Incorporated Policy 1983.Ia year represents a new approach in national development policies and facilitate the development of the national economy, reduce the financial burden and perntadbiran kerajaan.Pertanian also playing an important role in the national economy through its contribution to the national income and export earnings and creating opportunities kerajaan.Sektor this is the main supplier food and raw materials for insdustri based sources. Therefore, the government is taking steps to accelerate the competitiveness of this sector in order to face new challenges on the domestic and in the international level by launching the third National Agricultural Policy (NAP 3) that seeks to maximize revenue from the sector while enhancing the national economy and people's income.

On this day, under the leadership of Prime Ministers of the six, the Honourable Dato 'Seri Haji Mohd Najib bin Tun Haji Abdul Razak various efforts were stepped up to strengthen and stabilize the national economy. Among them are implementing goods and services tax (GST) of 6%. Government spending much depends on the amount of tax revenue collected. Tax revenue was the main contributor to total government revenue. If the result of the tax increases, the government can implement various projects to drive economic growth. In line with the goal of making Malaysia a developed nation, the government should implement tax reform that intends to make the existing tax system more simple, transparent and more efficient. Tax reform is also necessary to increase revenues and drive economic growth. Therefore, Malaysia needs to implement the Goods and Services Tax (GST) as it has been implemented by most countries in the world. The implementation of GST will enable the Government to lower the rate of income tax (individual and corporate) and make Malaysia more competitive in order to attract foreign investment. GST bill was tabled in Parliament in 2009 for the first reading and should be followed by a second reading but was postponed to allow the views of the people is taken into account. The method has many advantages over the GST tax system before the SST. GST can increase the amount of the proceeds of the government and thus enable more development projects undertaken to improve the country's economy. GST is a step forward in making Malaysia a developed nation. Since the sales tax and the GST replaced the existing service tax, the GST is not expected to result in higher prices of goods and services, unless the applicable tax rate is higher than the rate of sales and services tax imposed at this time.

In addition, the tourism sector is the third largest contributor to the national economy after manufacturing and palm oil has also dititikberatkanOleh, the government has organized a program under the ministry of tourism of "Visit Malaysia" and also Malaysia Truly Asia. The campaign is aimed at attracting tourists from abroad to travel to Malaysia as well as to promote Malaysia to the world and attract investors to invest in Malaysia. The tourism industry is not only encouraged industry expands business area, including in the services sector, which generates income and economic activity, but also to bridge the relationship between the people and rakyat.Menurut Dean of the Faculty of Hotel and Tourism Management Universiti Teknologi MARA (UiTM) Shah Alam Prof Prof. Dr Mohamad Abdullah Hemdan, he saw the initiative to boost the tourism sector will encourage entrepreneurs and tourism industry to continue to grow their business. In order to realize the government's goal of achieving the target of 26.8 million visitors, he urged industry players the chance to offer luxury travel concept as it will contribute to the surge in the country's economy.

Next, the latest effort by the government is a sign the Trans-Pacific Partnership Agreement (TPPA). TPPA is said to bring more advantages than disadvantages to the country. Minister of International Trade and Industry, Datuk Seri Mustapa Mohamed said, as a nation that depends on trade and foreign investment, Malaysia will benefit greatly from the TPPA. However, he said, the government will not arbitrarily sign the agreement without the consent of all parties. TPP is a great thing for the country and the government should give a thorough explanation to the people about the pros and cons of the deal tersebut.Disebabkan it is still in its infancy, information programs will be actively implemented by the ministry and can be fruitful if the number of interested parties TPPA examined in depth.

Furthermore, the National Key Result (NKRAs) has also been established. If the GTP is the overall engine of change, the National Key Results Areas (NKRAs) are the pistons within. And like pistons, each NKRA works on its own, but through their complementary efforts, they generate a force of change that is greater than the sum of its parts. Each piston correlates to a priority area that is deemed to have the greatest impact for the residents. The NKRAs were not deemed priority areas arbitrarily, but the result of various surveys, opinion polls and conducted dialogues with the people. Each NKRA is led by a Cabinet Minister who is ultimately responsible to the Prime Minister for the successes and shortfalls of the NKRA's key performance indicator. The priorities of the NKRAs are made up of both short- and long-term initiatives catering to the needs of the people. GTP therefore addresses the urgent demands of the people, such as reducing the cost of living, as well as structural issues preventing the civil service from being as efficient as it could be.

11th Malaysia Plan (11MP) from 2016 to 2020 also has the potential to boost the country's economy. 11MP theme "Growth Anchored People" which aims to menyiapsiagakan people for the future and elsewhere all people can enjoy the country's progress. 11MP will strengthen the resilience of the economy to boost growth in addition to macro manage public finances prudently. In the 11MP, we have focused on several fronts to improve the development of human capital to developed countries. Among them is to improve the efficiency of the labor market so as to enhance economic pertummbuhan. The second focus is the field of transforming TVET fo meet industry demand while third focus area is strengthening lifelong learning to enhance their skills and lastly add the quality of education to improve student outcomes and institutional excellence.

Finally, strengthening the infrastructure to support the growth that is focused first ekonomi.Bidang is memmbangunkan integrated transport system based on the requirements. The second field is the growth logisti and the trade facilitation. Improving the coverage and quality of infrastructure and the ability of digital subscriptions and promote the use of sustainable energy to support growth.